0001590714-22-000008.txt : 20220217 0001590714-22-000008.hdr.sgml : 20220217 20220217172205 ACCESSION NUMBER: 0001590714-22-000008 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220215 FILED AS OF DATE: 20220217 DATE AS OF CHANGE: 20220217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gliklich Benjamin CENTRAL INDEX KEY: 0001630320 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36272 FILM NUMBER: 22649493 MAIL ADDRESS: STREET 1: 245 FREIGHT STREET CITY: WATERBURY STATE: CT ZIP: 06702 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Element Solutions Inc CENTRAL INDEX KEY: 0001590714 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS CHEMICAL PRODUCTS [2890] IRS NUMBER: 371744899 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 500 EAST BROWARD BOULEVARD STREET 2: SUITE 1860 CITY: FORT LAUDERDALE STATE: FL ZIP: 33394 BUSINESS PHONE: 561-207-9600 MAIL ADDRESS: STREET 1: 500 EAST BROWARD BOULEVARD STREET 2: SUITE 1860 CITY: FORT LAUDERDALE STATE: FL ZIP: 33394 FORMER COMPANY: FORMER CONFORMED NAME: Platform Specialty Products Corp DATE OF NAME CHANGE: 20131031 4 1 wf-form4_164513650295515.xml FORM 4 X0306 4 2022-02-15 0 0001590714 Element Solutions Inc ESI 0001630320 Gliklich Benjamin C/O ELEMENT SOLUTIONS INC 500 EAST BROWARD BOULEVARD, SUITE 1860 FORT LAUDERDALE FL 33394 1 1 0 0 President and CEO Common Stock, par value $0.01 per share 2022-02-15 4 M 0 909091 A 1045784 D Common Stock, par value $0.01 per share 2022-02-15 4 F 0 357714 23.26 D 688070 D Common Stock, par value $0.01 per share 2022-02-15 4 M 0 88184 A 776254 D Common Stock, par value $0.01 per share 2022-02-15 4 F 0 34701 23.26 D 741553 D Performance Stock Units 0.0 2022-02-15 4 M 0 909091 D Common Stock 909091.0 0 D Performance Stock Units 0.0 2022-02-15 4 M 0 58789 D Common Stock 88184.0 0 D Performance Stock Units 0.0 2022-02-15 4 A 0 1000000 A Common Stock 1000000.0 1000000 D Performance Stock Units 0.0 2022-02-15 4 A 0 100316 A Common Stock 100316.0 100316 D Restricted Stock Units 0.0 2022-02-15 4 A 0 50157 0 A Common Stock 50157.0 50157 D Represents settlement of a performance stock unit ("PRSU") award granted on 1/30/2019 and previously reported. Each PRSU represented a contingent right to receive one share of the Issuer's common stock. Represents shares withheld to satisfy the tax obligations due upon vesting of the PRSUs described in footnote 1 above. Represents settlement of a PRSU award granted on 2/20/2019 and previously reported. Each PRSU represented a contingent right to receive up to 1.5 shares of the Issuer's common stock. Represents shares withheld to satisfy the tax obligations due upon vesting of the PRSUs described in footnote 3 above. The vesting of these PRSUs is subject to the achievement by the Issuer of a performance target of adjusted earnings per share of $2.72 per annum by December 31, 2026. The actual number of shares earned will be determined by applying a total shareholder return (TSR) multiplier based on the Issuer's TSR relative to the applicable benchmark index for the performance period. The TSR multiplier will range from 0.85 to 1.15. Each PRSU represents a contingent right to receive up to two shares of the Issuer's common stock, subject to the achievement of certain adjusted EBITDA compound annual growth and cash return on investment (CRI) goals for the performance period ending on December 31, 2024. The number of shares reported in Column 7 will range from zero to 200,632. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant will vest in 1/3 increments over the next three years. /s/ John E. Capps as Attorney-in-Fact for Benjamin Gliklich 2022-02-17 EX-24 2 ex-24.htm B. GLIKLICH POA

POWER OF ATTORNEY

Know by all those present that the undersigned hereby constitutes and appoints John E. Capps as the undersigned's true and lawful attorney-in-fact to:

1.    execute for and on behalf of the undersigned, in the undersigned's capacity as a reporting person of Element Solutions Inc (the "Company"), Forms 3, 4, and 5, and any other forms or reports the undersigned may be required to file in connection with the undersigned's ownership, acquisition, or disposition of securities of the Company in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules thereunder;

2.    do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, or other form or report, and timely file such form or report with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

3.    take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney- in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in the discretion of such attorney in fact.

The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 17th day of February, 2022.

/s/ Benjamin Gliklich
Benjamin Gliklich